The need for valuation of goodwill arises at the time of: (A) Change of profit sharing ratio Choose the correct answer from the options given below : |
(A), (C) and (E) only (A) and (B) only (A), (B) and (C) only (A), (B), (C) and (D) only |
(A), (B), (C) and (D) only |
Normally, the need for valuation of goodwill arises at the time of sale of a business. But, in the context of a partnership firm it may also arise in the following circumstances: |